Bitcoin is showing signs of consolidation after recent volatility. 📉 Many traders are waiting for a clear breakout above the $64K zone before calling it a new bull phase. The market sentiment remains cautiously optimistic — fear & greed index hovering around 63 (greed).
Institutional interest continues to build as several funds increase BTC exposure amid global economic uncertainty. On-chain data shows long-term holders aren’t selling much, indicating confidence in future gains.
Short-term traders, however, are watching the $61K–$62K support area closely. If BTC bounces strongly, we might see momentum pushing towards $68K resistance in coming days. 🚀